April 2021

WHAT ARE THE MUST KNOW REAL ESTATE TERMINOLOGIES ?

   MUST KNOW REAL ESTATE TERMINOLOGIES.  Important terms  Acre – Often used in Indian real estate unit of measurement of a big chunk of land area. 1 Acre is equals 43560 sqft. Allottee – A person who is allotted a property, either by a government body/authority or by a developer.  Agent – Agent in real estate is usually referred to the Realtor or Broker. An agent plays...

“Why Is Undivided Share Of Land Is Important In Apartment”

 ‘Undivided Share of Land’ (UDS) in the apartment:  Undivided share of land Most important awareness in any real estate purchase in an apartment. Buyers often decide their property purchase based on the factors like built-up area offered and the additional amenities attached to the flat. But most important awareness in any real estate purchase in an apartment which is the actual land that...

“Did Telangana Government Earmarks Rs 400 Crore For Taking Up Land Survey.”

Telangana government earmarks Rs 400 crore for taking up the land survey   While it is estimated that Rs 600 crore would be needed for a complete survey government allocated Rs 400 crore. The balance will be released in the 2022-2023 fiscal. For taking up an integrated and comprehensive land survey in the state, the government has earmarked Rs 400 crore in the upcoming financial year. The...

Telangana Government To Crack The Whip On Illegal Land Schemes.

  Telangana government to crack the whip on illegal land schemes ​It added: “... the sale of UDS lands without prior registration of the project with TS-RERA shall attract penalty up to 10% of the total project cost under Section 59 of the RERA Act, 2016.” HYDERABAD: Cracking the whip for the first time on developers illegally selling undivided share (UDS) of land in realty projects, the...

Is Telangana Government offerering 121 sq yard of a developed plot per acre given for Hyderabad Pharma City

121 sq yards Land offered to farmers A blueprint of a nearly 500-acre residential layout developed within Hyderabad Pharma City for the affected property owners  In a bid to convince landowners to part with their property for the prospective Hyderabad pharma city on the outskirts of the city, the state government has offered an additional 121-square yard (a gunta) developed plot per acre of...

WHAT IS FTL LAND (FULL TANK LEVEL) IN TELANGANA?

FTL  LAND (FULL TANK LEVEL)Full Tank LevelFTL means Full Tank Level, which is a waterbody like Lakes, ponds, Nalas, Kuntas ,.etc wherein any kind of constructions or developments are prohibited in and around the said FTL zones, It has a buffer zone demarcated around the FTL zone to protect the waterbodies from any futher enchroachments. If any constructions are done those cannot be considred as legal and...

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